Qatari utility mulls jump to 800 MW tender as consortia submit bids
A consortium led by Jinko Power and Korea Electric Power Corp., as well as another group led by Japanese conglomerate Marubeni and French energy group Total, have submitted bids for Qatar’s 700 MW solar tender. The final results will be announced in September.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Asia, Jinko Power, Korea Electric Power Corp., Qatar, Marubeni, Total, Kahramaa, Siraj Solar Energy, IRENA
Metito wins 45-55 MW Bangladesh project with $0.07/kWh bid
A consortium led by Metito Utilities, JinkoSolar and Al Jomaih Energy and Water has won a tender to build a 45-55 MW grid-tied solar plant with a bid of $0.0749/kWh — the lowest ever seen in Bangladesh.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, tender, JinkoSolar, Metito Utilities, Al Jomaih Energy and Water, Bangladesh, grid-tied PV, Asia, BPDB, WAC Logistics and Jiangsu Zhongtian Technology, SREDA
First Solar’s great ramp forward
First Solar reported a bumper quarter during Q2 by most metrics. The company’s net sales of $585 million were nearly double the previous year, on shipments 1.4 GW of product – the most in its history. Additionally, First Solar booked more than 2.1 GW of orders in July alone, a very positive start to Q3.
Aug 6, 2019 // Manufacturing News, Markets & Finance News, USA, SEIA, China, First Solar, Trump, Mark Widmar, Asia, North America
Xinte Energy profits in 1H 2019 to be significantly impacted by polysilicon price declines
Major China-based polysilicon producer, Xinte Energy has signalled a significant decline in expected profits for the first half of 2019, due to polysilicon ASPs declining 43% from the prior year period.
Aug 6, 2019 // Manufacturing News, Markets & Finance News, China, CPIA, SMSL, xinte energy, polysilicon, c-si manufacturing, wacker chemie, ASPs, JinkoSolar, JYT, Asia
More floating PV for Thailand
French floating PV specialist Ciel&Terre is teaming up with SCG, an Asian petrochemical company, to develop floating solar plants at hydroelectric dams in Thailand.
Aug 5, 2019 // Plants, Floating PV, Ciel&Terre, SCG, Thailand, floating PV, EGAT, Asia
Third-party solar markets will win from US-China trade war — Fitch
The global power and renewable energy market is expected to remain largely unaffected by the Trump administration’s new wave of tariffs on Chinese goods. Although shipments of Chinese modules into the U.S. market are falling, Chinese manufacturers sent more panels to overseas markets in the first half of this year than they did in the same period of 2018. Analysts from Fitch, meanwhile, claim the U.S. solar market will continue to expand, despite higher project costs.
Aug 5, 2019 // Large-Scale, Tariffs, Policy, Solar, USA, China, Fitch, PV panels, Trump, solar market, Asia, North America
NTPC opens global bids for 20 MW floating solar project in India
The winning developer will be able to use solar modules and cells of any origin for the plant, which will be built in Auraiya district, in the Indian state of Uttar Pradesh. Bidding closes on Sept. 5.
Aug 5, 2019 // Plants, Markets & Finance News, Solar, India, pv modules, NTPC, Asia
JA Solar’s bifacial double-glass PERC modules used on 2.5MW rooftop project for Goodyear Malaysia
‘Solar Module Super League’ (SMSL) member JA Solar has supplied its bifacial double-glass PERC modules to a 2.5MW rooftop project at a Goodyear tire manufacturing facility in Shah Alam, Malaysia, the country's largest such project.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Malaysia, rooftop, SMSL, JA Solar, Goodyear, pv modules, Asia
US sanctions to redirect Chinese PV supply towards Europe, Asia
Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.
Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America
Japanese giants have solar operations on the down-low
Aug 2, 2019 // Residential, Markets & Finance News, Policy, Solar, Japan, Malaysia, Panasonic, GS-Solar, Kyocera, Residential PV, Asia
SECI issues new 1.5GW PV tender under second phase of CPSU program
The Solar Energy Corporation of India (SECI) has issued another tender, seeking PV developers to help develop 1.5GW of solar projects across the country. This latest tender stands as part of the second phase of the Central Public Sector Undertaking (CPSU) program.
Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Solar, India, SECI, tender, CPSU, Asia
Orange Jordan adds 37 MW of solar under ‘wheeling’ scheme
With grid capacity a limiting factor, the Middle Eastern country has moved to foster private-to-private solar projects to meet industrial power demand.
Aug 1, 2019 // Large-Scale, Commercial, Markets & Finance News, Solar, EBRD, Orange Jordan, Kawar Investment, Hussein Bin Talal, Mafraq, Amman, Jordan, Asia
Chinese investment in renewables triples under Belt & Road initiative
A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That is almost three times the 450 MW that came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.
Jul 30, 2019 // Plants, China, Tata Mustasya, NGO, Liu Junyan, Wang Yan, Asia
State news service: China has already connected 870 MW of this year’s subsidized PV projects
The state-owned China News Service today reported almost $80 million is left in the pot for large scale project subsidies this year despite almost 420 facilities with a combined generation capacity of 1.77 GW having missed out in the auction.
Jul 29, 2019 // Large-Scale, NEA, Solar, China, China Photovoltaic Industry Association, National Energy Administration, AECEA, Asia Europe Clean Energy, Asia
WoodMac: APAC renewables to outcompete coal within eight years
Indian and Australian solar will spearhead a grid parity shift set to take hold of Asia-Pacific renewables within less than a decade, according to Wood Mackenzie.
Jul 29, 2019 // Solar, Germany, China, Indian, Australia, LCOEs, Asia-Pacific, McKinsey, Europe, Asia, Oceania
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